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CBN Gives Forex Market Fresh $210m

The Central Bank of Nigeria (CBN), on Tuesday, released the sum of $210 million in various segments of the inter-bank foreign exchange market. The Bank’s Acting Director, Corporate Communications Department (CCD), Mr. Isaac Okorafor, who confirmed the figures, said the latest intervention is to ensure that forex is available for customers’ in various segments of the market. According to the figures obtained from the CBN, the apex Bank offered $100million to authorized dealers in the wholesale segment of the market,…

CBN Uplifts Forex Market With $210m

The Central Bank of Nigeria (CBN), continued its weekly forex intervention on Tuesday, injecting the sum of $210 million into the inter-bank Foreign Exchange Market. The Bank’s Acting Director, Corporate Communications Department (CCD), Mr. Isaac Okorafor, who confirmed the figures, said the latest intervention is to ensure that forex is available for customers’ in various segments of the market. According to the figures obtained from the CBN, the apex Bank offered $100 million to authorized dealers in the wholesale…

Forex Market Receives Fresh $210m From CBN

The Central Bank of Nigeria, on Tuesday, continued its weekly intervention in the interbank foreign exchange market, releasing the sum of $210 million into different segments of the market. The Bank’s Acting Director, Corporate Communications Department (CCD), Mr. Isaac Okorafor, who made the disclosure, said the latest intervention is to meet customers’ requests in various segments of the market. A breakdown of the Bank’s latest round of intervention indicates that the CBN offered the sum of $100 million to dealers…
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